Q1 Earnings Forecast for WAL Issued By DA Davidson

Western Alliance Bancorporation (NYSE:WAL) – DA Davidson issued their Q1 2025 EPS estimates for Western Alliance Bancorporation in a research note issued to investors on Thursday, January 30th. DA Davidson analyst G. Tenner forecasts that the financial services provider will post earnings per share of $1.74 for the quarter. DA Davidson currently has a “Buy” rating and a $106.00 price objective on the stock. The consensus estimate for Western Alliance Bancorporation’s current full-year earnings is $8.86 per share.

Several other analysts have also recently weighed in on WAL. Royal Bank of Canada set a $99.00 target price on shares of Western Alliance Bancorporation and gave the company an “outperform” rating in a report on Friday, October 18th. Barclays raised their price target on Western Alliance Bancorporation from $105.00 to $107.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Wells Fargo & Company dropped their price objective on Western Alliance Bancorporation from $102.00 to $95.00 and set an “equal weight” rating on the stock in a report on Monday, January 6th. JPMorgan Chase & Co. lowered their price target on Western Alliance Bancorporation from $110.00 to $105.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Finally, Stephens restated an “overweight” rating and issued a $103.00 target price on shares of Western Alliance Bancorporation in a report on Tuesday. Two investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $97.07.

Western Alliance Bancorporation Price Performance

WAL stock opened at $89.62 on Friday. The business’s 50-day moving average is $88.11 and its two-hundred day moving average is $84.29. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.85 and a quick ratio of 0.82. The firm has a market capitalization of $9.86 billion, a P/E ratio of 12.62, a P/E/G ratio of 0.84 and a beta of 1.46. Western Alliance Bancorporation has a 1 year low of $53.75 and a 1 year high of $98.10.

Western Alliance Bancorporation (NYSE:WAL) last announced its quarterly earnings data on Monday, January 27th. The financial services provider reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.92 by $0.03. Western Alliance Bancorporation had a net margin of 15.49% and a return on equity of 13.14%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of WAL. Fifth Third Bancorp increased its stake in shares of Western Alliance Bancorporation by 70.1% during the 4th quarter. Fifth Third Bancorp now owns 330 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 136 shares in the last quarter. V Square Quantitative Management LLC acquired a new stake in Western Alliance Bancorporation during the third quarter worth about $31,000. ORG Wealth Partners LLC acquired a new stake in shares of Western Alliance Bancorporation in the third quarter worth $33,000. UMB Bank n.a. raised its holdings in shares of Western Alliance Bancorporation by 136.8% during the 3rd quarter. UMB Bank n.a. now owns 431 shares of the financial services provider’s stock valued at $37,000 after buying an additional 249 shares during the period. Finally, Allworth Financial LP increased its position in shares of Western Alliance Bancorporation by 115.6% during the fourth quarter. Allworth Financial LP now owns 401 shares of the financial services provider’s stock worth $37,000 after acquiring an additional 215 shares during the last quarter. Hedge funds and other institutional investors own 79.15% of the company’s stock.

About Western Alliance Bancorporation

Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates through Commercial and Consumer Related segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; demand deposits; and treasury management and residential mortgage products and services.